Shelf Drilling Secures Two-Year Nigerian Contract Extension
Shelf Drilling Secures Two-Year Nigerian Contract Extension Dubai-based Shelf Drilling has announced a two-year contract extension for the Adriatic I jack-up rig with Conoil Producing Limited in Nigeria, extending a successful partnership that has lasted over eight years. The extension, which commenced earlier in 2025, will run through early 2027, with an additional one-year option […]
UK Firm Extends Subsea Well Support Contract for Egyptian Operations
UK Firm Extends Subsea Well Support Contract for Egyptian Operations British engineering firm Aquaterra Energy has secured an extension to continue providing subsea well support services offshore Egypt, building on successful collaboration since 2023 covering seven well locations. Under the extended contract, Aquaterra will continue analysis of producing subsea wells drilled from semi-submersible rigs, including […]
Eni Secures New Ivory Coast Offshore Exploration Block
Eni Secures New Ivory Coast Offshore Exploration Block Ivory Coast and Eni SpA have signed a contract for the acquisition of the CI-707 offshore oil-exploration block, according to cabinet meeting minutes. The three-year initial phase deal includes a minimum $20 million investment commitment from the Italian energy major. The agreement builds on Eni’s significant offshore […]
Egypt Strengthens Mediterranean Gas Exploration with Eni and BP Partnership
Egypt Strengthens Mediterranean Gas Exploration with Eni and BP Partnership The Egyptian General Petroleum Corporation and Egyptian Natural Gas Holding Company have signed a new agreement with Italy’s Eni and British BP to begin exploration activities in the Mediterranean Sea, including drilling an exploratory well in the Temsah concession area. The agreement was signed by […]
TSE Oil and Gas Ready to Launch €80 Million Namibian Exploration Program
TSE Oil and Gas Ready to Launch €80 Million Namibian Exploration Program Namibian energy firm TSE Oil and Gas stands ready to begin exploration in the Walvis Basin with a €80 million program, pending final government approval for operations in Block 2312. Chief Executive Officer Thomas Shindi confirmed that TSE submitted its application for a […]
Grand Gulf Energy Eyes Billion-Barrel Namibian Oil Block Opportunity
Grand Gulf Energy Eyes Billion-Barrel Namibian Oil Block Opportunity Australian-listed Grand Gulf Energy Limited is preparing to enter the offshore oil and gas sector after securing an exclusive option to acquire 100% of Wrangel Pty Ltd, which has applied for a 70% working interest in Namibia’s Block 2312. The company, currently specializing in helium exploration […]
Heritage Energy Surges to 55,000 Barrels Daily Despite Equipment Setbacks
Heritage Energy Surges to 55,000 Barrels Daily Despite Equipment Setbacks Heritage Energy Oil Services achieved impressive output of 55,000 barrels of oil per day in June 2025 from its operated Oil Mining Lease 30, despite facing significant equipment challenges that threatened production targets. The company’s ambitious work program aims to boost crude oil production from […]
ReconAfrica Launches Major Namibian Drilling Campaign with Kavango West 1X Well
ReconAfrica Launches Major Namibian Drilling Campaign with Kavango West 1X Well Reconnaissance Energy Africa has spudded its highly anticipated Kavango West 1X exploration well in Namibia, marking a pivotal moment in the company’s quest to unlock the massive hydrocarbon potential of the Damara Fold Belt play. The well began drilling July 31st and is planned […]
Rhino Resources Strikes Oil Gold Again with Third Namibian Well
Rhino Resources Strikes Oil Gold Again with Third Namibian Well Rhino Resources has commenced drilling its third exploration well, Volans-1X, in Namibia’s offshore Orange Basin, building on spectacular success from previous wells that discovered hydrocarbon-bearing reservoirs and light oil production exceeding 11,000 barrels per day. The Volans-1X well was spudded Thursday at 10am local time […]
Nigeria’s Deepwater Oil Fields Could Unlock Massive 810,000 Barrels Per Day Boost
Nigeria’s Deepwater Oil Fields Could Unlock Massive 810,000 Barrels Per Day Boost The Federal Government has unveiled an ambitious plan to unlock an additional 810,000 barrels of crude oil per day from Nigeria’s deepwater oil fields through a revolutionary cluster and nodal development initiative. The Nigerian Upstream Petroleum Regulatory Commission announced that if fully implemented, […]